YEARLY HIGH
0.0398 ETB
YEARLY LOW
0.0333 ETB
YEARLY AVERAGE
0.0365 ETB

2020 RWF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0398. Conversely, the yearly low was recorded on February 3, dropping to 0.0333.

This high-to-low spread represents a total annual volatility of 0.0065 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0340 to the December average rate of 0.0392, the exchange rate registered a net change of 15.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0398 was up 16.42% compared to the 2019 peak of 0.0342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RWF based on timing:

Yearly Peak High 199 ETB
2019 Average 160 ETB
Yearly Trough Low 167 ETB
Transaction Impact: A difference of 32.30 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0397
0.0335
JanuMarcMayJulySeptNove

RWF to ETB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0350, compared to 0.0380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0350
H2 Avg (Jul–Dec) 0.0380

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0015 ETB (High: 0.0366 / Low: 0.0351). On the other end, July was the most stable month, with a tight range of 0.0006 ETB (High: 0.0371 / Low: 0.0365).

May Spread (Volatile) ±0.0015
July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0392) against the same month in 2019 (average: 0.0337), the exchange rate shifted by +0.0055 (+16.32%).

2020 Avg (December) 0.0392
2019 Avg (December) 0.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0344 0.0337 0.0340
February 0.0346 0.0333 0.0341
March 0.0350 0.0341 0.0345
April 0.0356 0.0343 0.0350
May 0.0366 0.0351 0.0359
June 0.0368 0.0356 0.0362
July 0.0371 0.0365 0.0369
August 0.0374 0.0366 0.0372
September 0.0385 0.0375 0.0381
October 0.0388 0.0378 0.0382
November 0.0390 0.0378 0.0385
December 0.0398 0.0387 0.0392